A Seventh Circuit panel appeared skeptical Thursday of two Burford Capital entities' argument that a lower court wrongly denied their day-late request to opt out of a $32 million price-fixing settlement between Cargill Inc. and a class of direct turkey purchasers, with one judge probing how hard a court needs to work "to save a sophisticated party from its own mistakes."
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TOP NEWS

7th Circ. Wary Of Burford Entities' Late Opt-Out Of $32M Deal

By Celeste Bott

A Seventh Circuit panel appeared skeptical Thursday of two Burford Capital entities' argument that a lower court wrongly denied their day-late request to opt out of a $32 million price-fixing settlement between Cargill Inc. and a class of direct turkey purchasers, with one judge probing how hard a court needs to work "to save a sophisticated party from its own mistakes."

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Progressive Beats Class Bid In Total-Loss Valuation Suit

By Mark Payne

An Illinois federal judge declined to certify a class of Progressive Insurance customers who claimed the insurer underpaid on their total-loss vehicle claims by adding a downward pricing adjustment, ruling that the customers' experiences were too different to resolve in one case. 

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Analysis

AGs' Win Over Live Nation Leaves DOJ Watching From The Side

By Bryan Koenig

Live Nation Entertainment Inc.'s across-the-board trial rout by 34 state attorneys general underscores the ascendancy of state antitrust enforcers looking to fill perceived enforcement gaps left by the U.S. Department of Justice during President Donald Trump's second term.

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Citizens Group Says 27 States Are Eyeing AI Chatbot Laws

By Joyce Hanson

Twenty-seven U.S. states are looking at passing laws to make artificial intelligence companies face liability claims in civil suits if they fail to protect consumers who interact with chatbots, while another three states have already enacted protections, according to a citizens group's new legislative tracker.

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ENFORCEMENT

OCC Says Bank Misled Borrowers Into Costlier VA Refi Loans

By Jon Hill

The Office of the Comptroller of the Currency has settled with an Illinois bank over claims it deceptively marketed federally guaranteed home refinance loans for veterans, issuing an enforcement order that is drawing consumer advocate scrutiny for omitting key redress details.

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LITIGATION

Sirius XM Listeners Seek Final OK Of $28M Telemarketing Deal

By Craig Clough

A class of Sirius XM subscribers asked an Illinois federal judge Wednesday to give final approval to a $28 million settlement resolving claims that the satellite radio company made repeated telemarketing calls to people listed on the National Do Not Call Registry or Sirius XM's own internal do-not-call list.

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Higher Ed Group Seeks Fees After Beating DOE Research Cap

By Julie Manganis

An organization of public and private research universities has asked a Massachusetts federal judge to award attorney fees and costs in a successful challenge to a U.S. Department of Energy limit on reimbursements for indirect costs of grant-funded research, the third such request since last fall.

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Bissell Hit With Class Action Over Recalled Steamers

By Jonathan Capriel

Vacuum company Bissell faces a proposed class action over the nearly 1.7 million steam cleaners it recalled this month due to complaints that components on the devices "unexpectedly detach," expelling hot water onto users, according to a complaint filed in Illinois federal court.

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DC Circ. Ponders If FERC Mistakenly Rejected PJM Deal

By Nadia Dreid

PJM transmission owners faced a skeptical D.C. Circuit Thursday, as aside from saying their arguments were properly preserved in an appeal of the Federal Energy Regulatory Commission rejecting a plan they worked out with regional grid operator PJM Interconnection, they also had to defend the arguments themselves.

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DEALS

Kirkland-Led Madison Air Prices Largest IPO Of 2026 At $2.2B

By Jade Martinez-Pogue

Air ventilation and filtration company Madison Air Solutions made its public trading debut Thursday after pricing a blockbuster $2.2 billion initial public offering, marking the largest IPO of 2026 so far.

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PEOPLE

Marshall Gerstein Names First New Leader In Over 20 Years

By Emma Cueto

Chicago intellectual property boutique Marshall Gerstein & Borun LLP announced Thursday it has named a new managing partner for the first time in 24 years, selecting a member of the firm's executive committee who has been with the firm since 2000.

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EXPERT ANALYSIS

Series

Isshin-Ryu Karate Makes Me A Better Lawyer

My involvement in martial arts, specifically Isshin-ryu, which has principles rooted in the eight codes of karate, has been one of the most foundational in the development of my personality, and particularly my approach to challenges — including in my practice of law, says Kaitlyn Stone at Barnes & Thornburg.

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LEGAL INDUSTRY

Another Record-Breaking Year For NY Lobbying: Watchdog

By Andrea Keckley

The amount of money spent on lobbying in New York state reached a new high — again — in 2025 despite lower dollar amounts from that year's top spenders, a state ethics and lobbying watchdog said Thursday.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen Aston Martin file an appeal in a row with Chinese carmaker Geely over its winged logo for London black cabs, Ineos sue Ben Ainslie's America's Cup team for a £180 million ($244 million) boat, White & Case face a claim from two energy storage companies, and a golf tour company bring a claim against Saudi Arabia's sovereign wealth fund after the fund invested in its rival.

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Alaska-Hawaiian Merger Judge Mulls DQ Over O'Melveny Ties

By Craig Clough

The parties in a consumer lawsuit challenging Alaska Airlines' 2024 acquisition of Hawaiian Airlines have been notified that the federal judge recently assigned to the case intends to disqualify himself unless they sign a waiver over one of his retirement accounts being tied to O'Melveny & Myers LLP, which is representing Alaska Airlines.

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Roundup

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman

New data found that some companies are being wary during the 2026 proxy season by negotiating deals behind closed doors rather than allowing shareholders to vote on issues. In the meantime, a report showed that the higher annual rate growth for outside counsel fees that began in 2022 has become the new normal. These are some of the stories in corporate legal news you may have missed in the past week.

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Law360's Legal Lions Of The Week

By Kevin Penton

Winston & Strawn LLP leads this week's edition of Law360 Legal Lions, after a New York federal jury found that Live Nation and its Ticketmaster subsidiary harmed competition in the live entertainment sector by willfully monopolizing ticketing services.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Roundup

Balancing The Scales: Juror Bias, First For Revenge Porn Law

By Orlando Lorenzo

The California Supreme Court tossed the conviction and death sentence in a double slaying over the trial court's failures to investigate claims of juror bias, and an Ohio man is believed to be the first person in the nation convicted under a federal law intended to battle revenge porn.

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Promo that reads Law360 Pulse 2026 AI Survey

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Addleshaw Goddard

Advisors LLC

Alioto Law Firm

Baker & Hostetler

Barnes & Thornburg

Bird & Bird

Boies Schiller

Bronster Fujichaku

Brown & Weinraub

Brown Cornell

Browne Jacobson LLP

Clarke Willmott

Clement & Murphy

Cooke Young

Cooley LLP

Cripps LLP

Crowell & Moring

DLA Piper

Davis Wright Tremaine

Dechert LLP

Dentons

Dhillon Law Group

Edelsberg Law

Edmonds Marshall McMahon

Ellzey & Associates

Enyo Law

Feldman Wasser

Fieldfisher

Gibson Dunn

Goodwin Procter

Greene Espel

Gunster Yoakley

Hagens Berman

Hill Dickinson

Hogan Lovells

Holland & Hart

Irwin Mitchell

J A Kemp LLP

Jenner & Block

Jones Day

K&L Gates

Kellogg Hansen

Kennedys Law LLP

Kesselman Brantly

Keystone Law

King & Spalding

Kirkland & Ellis

Latham & Watkins

Laukaitis Law

Lewis Silkin

Lieff Cabraser

Lockridge Grindal

Macfarlanes LLP

Marshall Gerstein

Mayer Brown

Morgan Lewis

Norton Rose

O'Melveny & Myers

Osborne Clarke

Paul Weiss

Pinsent Masons

Potter Clarkson

Quinn Emanuel

Reynolds Porter

Shakespeare Martineau

Sidley Austin

Simmons & Simmons

Siri & Glimstad

Skadden Arps

Sonder & Clay

Starn O'Toole

Stinson LLP

Sullivan & Cromwell

Teacher Stern

Venable LLP

White & Case

WilmerHale

Winston & Strawn

Yetter Coleman

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

Abbott Laboratories

Agri Stats Inc.

Amazon.com Inc.

American Beverage Association

American Council on Education

American Economic Liberties Project

American International Group Inc.

American Psychological Association

Association of American Universities Inc.

Aston Martin Lagonda Ltd.

BNP Paribas SA

Barclays PLC

Burford Capital LLC

CRA International Inc.

California Institute of Technology

Cargill Inc.

DP World Ltd.

Digital Evidence Group LLC

Durable Capital Partners LP

Early Warning Services LLC

Eli Lilly & Co.

Euronext Amsterdam NV

FTI Consulting Inc.

Genting New York

Globalstar Inc.

Google LLC

Greater New York Hospital Association

HSBC Holdings PLC

Hawaiian Holdings Inc.

Hewlett Packard Enterprise Co.

Ineos Group Ltd.

Instagram Inc.

Institutional Shareholder Services Inc.

International Business Machines Corp.

Jennie-O Turkey Store LLC

LexisNexis Legal & Professional

Liberty Mutual Insurance Group

LinkedIn Corp.

Live Nation Entertainment Inc.

Maines Paper & Food Service

Massachusetts Institute of Technology

Meta Platforms Inc.

Michigan State University

Mitchell International Inc.

Morgan Stanley

National Consumer Law Center Inc.

New York Mets

Nexstar Media Group Inc.

PGA TOUR Inc.

PJM Interconnection LLC

Pioneer Global Asset Management SpA

Public Citizen Inc.

RELX PLC

Sirius XM Radio Inc.

Starbucks Corp.

Sysco Corp.

TUI AG

Tegna Inc.

Tetra Tech Inc.

The DIRECTV Group Inc.

The Goldman Sachs Group Inc.

The Progressive Corp.

The Walt Disney Co.

Universal Insurance Holdings Inc.

Volvo Car Corp.

Warner Bros. Discovery Inc.

Warner Bros. Entertainment Inc.

Wells Fargo & Co.

Worldline SA

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Privacy Protection Agency

California Supreme Court

Commodity Futures Trading Commission

Companies House

Employee Benefits Security Administration

Equal Employment Opportunity Commission

European Commission

Federal Energy Regulatory Commission

Federal Trade Commission

Indiana Attorney General's Office

National Institutes of Health

National Science Foundation

New York State Commission on Ethics and Lobbying in Government

Office of the Comptroller of the Currency

Ofgem

Secretary of State for Health and Others

Texas Attorney General's Office

U.S. Attorney's Office for the District of Massachusetts

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Energy

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of Veterans Affairs

U.S. District Court for the Central District of Illinois

U.S. District Court for the District of Columbia

U.S. District Court for the District of Hawaii

U.S. District Court for the District of Massachusetts

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

UK High Court

UK Intellectual Property Office (IPO)